Home Subscribe Login Contact Us Search Journal Articles PAQ RSS Feed

PAQ Articles Search Journal Articles

Local Government Forecast Practices: Time Horizon and Budgetary Influence

Vincent Reitano and Peter A. Jones
PAQ, Vol. 47 No. 1, 26-50 (2023)

Over the past thirty years, four surveys have analyzed local government forecast practices, with the most recent being over a decade old. This article builds on the prior surveys with a novel 2018 survey dataset from the Government Finance Officers Association to examine the factors related to the adoption of a particular forecast time horizon and the perceived influence of forecasts on the final adopted budget. Estimates of ordered logistic regressions with predictive margins indicate that certain budget processes and the length of time since a government adopted a new budget process are associated with forecast practices.

Subscribers: Login to read this article

Guests: Subscribe to PAQ, or purchase individual article access for $10.
The article is not available for automatic download. We will email the article to you as a PDF file upon receiving your payment, typically within 24 hours.